GREEN CARS
Dutch company uses Detroit name for EV startup
Seventy years after the Detroit Electric Car Co. stopped producing the battery-powered Detroit Electric at its factory in Detroit, a Dutch company has resurrected the brand’s name and retro script logo for its line of plug-in electric vehicles. 2:15 pm U.S. ET | July 1
Akio Toyoda, the new head of Toyota Motor Corp., warned today the auto industry faces two years of tough times as he outlined his strategy to make the company founded by his grandfather profitable again. 2:31 am U.S. ET | June 25 | UPDATED: 6/25/09 11:48 a.m. ET
Volkswagen AG is exploring a potential cooperation deal with Japan's Suzuki Motor as a way to boost its expertise in the area of ultra small cars, a source familiar with the matter said today, confirming a report in manager magazin. 10:01 am U.S. ET | June 25 | UPDATED: 6/25/09 2:23 p.m. ET
Yoshiki Sekiguchi has replaced Haruya Maruyama as CEO at Denso International America Inc. and will direct the Japanese auto parts supplier's North American operations, the company announced today. Maruyama had served as CEO since April 2008. 3:13 pm U.S. ET | June 24 | UPDATED: 6/24/09 4:06 p.m. ET
Toyota Motor Corp. and Nissan Motor Co. promised shareholders they would do better to recover from the worst industry downturn in a generation, each focusing on different types of cleaner cars to steer their revival. 4:32 pm U.S. ET | June 23
Dealer shipments of Ford's 2010 Transit Connect compact van, the first Ford vehicle made in Turkey to be sold in the United States, begin today from a Baltimore port. 12:42 pm U.S. ET | June 19
GREEN CARS
Honda Motor Co. may fall short of its U.S. sales goal for the new Insight hybrid by a third in the model's first year due to the recession and relatively cheap gasoline, Bloomberg reported, citing a top local executive. 9:00 am U.S. ET | June 15
GREEN CARS
Mazda Motor Corp., a recent convert to hybrid technologies, now says it wants to put gasoline-electric drivetrains into its lineup in the next decade. And its hybrid powertrains will be on existing models, not hybrid-only nameplates. 11:44 am U.S. ET | June 11
GREEN CARS
Japanese factories making the third-generation Toyota Prius are humming at near full capacity to meet booming demand for the hybrid car. Four lines, at Toyota's Tsutsumi plant and a factory belonging to affiliate Toyota Auto Body Co. 2:38 pm U.S. ET | June 8
Tata Motors, the Indian automaker that owns Jaguar and Land Rover, plans to bring the car known as the world's cheapest to the United States within three years. David Good, a U.S. 12:01 am U.S. ET | June 5 | UPDATED: 6/5/09 5:02 p.m. ET
GREEN CARS
Mitsubishi Motors Corp. has priced its new electric vehicle at ¥4.38 million, or $45,660 at current exchange rates, and wants EVs to account for 20 percent of its global output by 2020. 12:01 am U.S. ET | June 5
THE GM BANKRUPTCY
Asian automakers can expect further gains in market share during General Motors' reorganization, but those gains likely will be modest. The Chapter 11 filing will scratch GM off some shopping lists. 4:10 pm U.S. ET | June 3